Register parent to lay off 66

No Register employees are included, according to a story posted by the paper. The cuts will involve the staff of Freedom Communications, which owns the Register and other papers around the country. Also affected are workers in the Freedom Interactive division. The company has been selling off assets for some time, and earlier this month announced the sale of the Register and the remaining papers to an investment group headed by Aaron Kushner. From the Register:

"As a rule, we do not comment on personnel matters," said Robert Emmers, a Freedom spokesman. "With that being said, with Freedom growing smaller over the last several months, the needs of the company have naturally changed as well." In April, Freedom completed the sale of its eight television stations to Sinclair Broadcast Group for $385 million. Since then, the company also sold its Midwest, Texas and Florida/North Carolina newspapers. The last of those deals for the Florida/North Carolina papers closed today.

Earlier: OC Register sold to private investment group

Meet the Register's new owner


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
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